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In the Short Run, It Is Necessary to Nonprice Ration

question 33

Multiple Choice

In the short run, it is necessary to nonprice ration a good whenever ________ exists.


Definitions:

Discrimination

Discriminatory behavior towards various groups based on race, age, gender, or disability, which is unfair and biased.

Stereotyping

The act of assigning identical characteristics to any person in a group regardless of the actual variation among members of that group.

Social Scripts

Prescribed behaviors and expectations for individuals within specific social situations or roles, guiding how people should act and interact in various contexts.

Cognitive Dissonance

The mental unease felt by a person who simultaneously possesses multiple conflicting beliefs, ideas, or values.

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